Lumen is a proof-of-funds system for institutional, onchain credit. Privacy-preserving borrower attestations empower lenders to more efficiently price lending pools, extend credit limits and reduce default risk.
What is the key to unlock faster expansion of real-world and under-collateralized assets onchain? Read our report on the history of DeFi, CeFi, and what the future needs for onchain lending to grow for the long-term.
Lumen's enclave is a highly secure and isolated environment where sensitive operations, like proving ownership of assets using zero-knowledge proofs and confidential computing, are conducted. It enables all parties to have confidence in the integrity of the verification process, all while remaining private, secure, and compliant.
Enhanced Security: Lumen ensures asset verification without exposing sensitive data, reducing fraud risk.
Transparent Decisions: Transparent collateral insights enable lenders to make informed lending decisions.
Privacy Preserved: Borrowers can prove asset ownership while keeping their sensitive information private.
Improved Access: Access to capital becomes more efficient and secure for borrowers.
Risk Assessment: Underwriters can assess asset liquidity securely for accurate risk assessment.
Streamlined Process: Lumen simplifies and speeds up the collateral verification process, making underwriting more efficient.
Efficiency: Lumen enhances onchain capital market protocols, reducing friction and enabling faster transactions.
Security: Advanced cryptographic techniques bolster protocol security, reducing vulnerabilities.
Lumen aims to address the critical need for transparent and verifiable proof of funds, enabling institutions to access onchain credit securely and efficiently.
By delivering a comprehensive solution, this roadmap sets the stage for wider adoption of DeFi by institutional players, fostering greater liquidity, transparency, and trust for onchain credit.